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The Impact of Integration on Productivity and Welfare Distortions Under Monopolistic Competition
Dhingra, Swati; Morrow, John - Centre for Economic Performance, LSE - 2012
A fundamental question in monopolistic competition theory is whether the market allocates resources efficiently. This paper generalizes the Spence-Dixit-Stiglitz framework to heterogeneous firms, addressing when the market provides optimal quantities, variety and productivity. Under constant...
Persistent link: https://www.econbiz.de/10009651299
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Shifts in Economic Geography and their Causes
Venables, Anthony J. - Centre for Economic Performance, LSE - 2006
This paper analyses some of the forces that are changing the spatial distribution of activity in the world economy. It draws on the 'new economic geography' literature to argue the importance of increasing returns to scale and cumulative causation processes in shaping the productivity and...
Persistent link: https://www.econbiz.de/10005797263
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Productivity and ICT: A Review of the Evidence
Draca, Mirko; Sadun, Raffaella; Reenen, John Van - Centre for Economic Performance, LSE - 2006
We survey the micro and macro literature on the impact of Information and Communication Technologies (ICTs) on productivity. The "Solow Paradox" of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth accounting and econometric evidence suggest an...
Persistent link: https://www.econbiz.de/10005510438
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Heterogeneous Firms and Trade
Melitz, Marc J.; Redding, Stephen J. - Centre for Economic Performance, LSE - 2012
This paper reviews the new approach to international trade based on firm heterogeneity in differentiated product markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity of exporters relative to non-exporters, within-industry...
Persistent link: https://www.econbiz.de/10010599240
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The Empirics of Firm Heterogeneity and International Trade
Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen J. - Centre for Economic Performance, LSE - 2011
multi-product firms, offshoring, intra-firm trade and firm export market dynamics. …
Persistent link: https://www.econbiz.de/10009352260
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The Roles of Import Competition and Export Opportunities for Technical Change
Steinwender, Claudia - Centre for Economic Performance, LSE - 2015
to export markets, other papers stress the importance of import competition. Since imports and exports (and even tariffs … conducts a "horse race" between export opportunities and import competition. Using Spanish firm level data, instrumenting for … exports and imports with tariff changes and controlling for selection, I find robust evidence that access to export markets …
Persistent link: https://www.econbiz.de/10011186299